For creating an interest in favour of an unborn person, which of the following is essential?
Under s.13 TPA a transfer for an unborn person requires the "Creation of a prior life interest in favour of living persons", the rule that the "Unborn person must be born…
Choose your answer
For creating an interest in favour of an unborn person, which of the following is essential?
Answer and explanation
Correct answer D
Under s.13 TPA a transfer for an unborn person requires the "Creation of a prior life interest in favour of living persons", the rule that the "Unborn person must be born before the termination of last prior life interest", and that the "Absolute interest is to be given to unborn person", so "All of the given options are correct".
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